Publisher's Synopsis
This book explores the questions raised by the liberalization of Eastern Europe. It provides a model of world trade to assess the potential for Eastern Europe's trade growth, which it shows to be very substantial.;It looks at EC trade policy in a number of industries and examines the agreements currently in force between the EC and Eastern Europe. These are shown not to go far enough towards liberalizing trade. It then looks at Eastern Europe's comparative advantage by examining the development of human capital which it shows to be higher in parts of Eastern Europe than income levels would suggest, and also by examination of one industry in detail. It shows how parts of the Polish clothing sector are adapting to new opportunities and examines their capacity for further export growth.